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View Diary: For electric power generation, the end of fossil fuel is in sight (215 comments)

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  •  Insurance for nuclear power plants is an illusion (2+ / 0-)
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    ozsea1, Sandino

    The crippled Crystal River nuclear plant is now America's headache.

    The bill to fix it and pay for replacement power may top $5 billion. The problem?

    The company that insures all 104 U.S. nuclear power plants has just $3.6 billion on hand to pay for claims.

    Broken nuclear plants in California, Texas and Michigan will vie for some of that money. But Crystal River alone represents such a financial threat that the insurance company, Nuclear Electric Insurance Ltd., may demand that its member utilities pony up more money.

    Others have simply gotten old. I prefer to think I've been tempered by time.

    by Just Bob on Mon Feb 04, 2013 at 08:51:40 PM PST

    [ Parent ]

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